Karpus Management Inc. increased its position in shares of Nuveen New York Municipal Value Fund 2 (NYSE:NYV) by 0.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 155,200 shares of the company’s stock after buying an additional 1,027 shares during the quarter. Karpus Management Inc.’s holdings in Nuveen New York Municipal Value Fund 2 were worth $2,199,000 as of its most recent SEC filing.
Separately, Icon Advisers Inc. Co. bought a new position in Nuveen New York Municipal Value Fund 2 in the second quarter valued at approximately $768,000.
NYV stock opened at $14.29 on Thursday. The business has a 50 day moving average price of $14.42 and a two-hundred day moving average price of $14.45. Nuveen New York Municipal Value Fund 2 has a twelve month low of $12.64 and a twelve month high of $14.88.
The business also recently declared a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be paid a $0.036 dividend. The ex-dividend date of this dividend is Friday, October 11th. This represents a $0.43 dividend on an annualized basis and a yield of 3.02%.
About Nuveen New York Municipal Value Fund 2
Nuveen New York Municipal Value Fund 2 (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide current income exempt from regular federal and New York income taxes. The Fund’s secondary investment objective is to enhance portfolio value and total return.
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